Re: - Landlord Forum thread

Re: by P-Bone in WNY (NY) on April 24, 2012 @12:40

Although I agree with your logic, I treat applicants the same way that the IRS does. As Micah stated, if they are married, I count them as one. If I require 3x the rent, then as long as combined a married couple passes screening, then they are ok. For unmarried persons, each individual must qualify separately as if they were applying alone.

My logic is as follows:
1. First is the rules of the IRS and the way they treat income.
2. Unmarried couples have no legal binding to one another.
3. Married couples have a legal binding that includes financial affairs.

That way, in the event of a divorce, courts will take action with regard to financial status. For an unmarried couple, no such recourse exists.

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Re: by Jake on April 24, 2012 @13:55	[ Reply ]

"I agree with your logic." My point was that most marrieds are not actually married.